Clean Planet, a pioneer in new clean energy development, receives investment from Miura

Miura Co., Ltd., Japan’s leading boiler manufacturer, has subscribed to newly issued shares of Clean Planet Inc., in Tokyo, through a third-party allotment of new shares on May 15, 2019.The Miura Group has developed, manufactured, and marketed a range of products in the heat, water, and environment fields throughout the world since 1959. It continues to develop unique products and services that are energy-efficient and effective in environment-related fields, in order to realize its corporate mission of “contributing to creating a society that is environmentally friendly and ways of living that are clean and comfortable through our work in the field of the Energy, Water, and Environment”. The Miura Group will now collaborate with Clean Planet to implement the clean energy technologies which Clean Planet has developed with Tohoku University, toward realizing a decarbonized society.

Clean Planet is a venture company that undertakes R&D into new forms of clean energy that are “safe, stable, and low-cost” in order to create novel innovations in the energy industry for social infrastructure. Clean Planet’s research lab is located at the “Condensed Matter Nuclear Reaction Division” within the Research Center for Electron Photon Science at Tohoku University. The research lab was founded jointly with the university in 2015. The company is working on the development of “New Hydrogen Energy” which gives enormous energy output per hydrogen unit compared with conventional hydrogen energy. The heat source developed by Clean Planet has now nearly reached the point of practical use as a next-generation clean energy source. The company will continue to work on realizing sustainable social infrastructure by distributing “New Hydrogen Energy” globally as a new type of clean energy for a CO2-free world.

Miura Co., Ltd. Company Profile

Representative: Daisuke Miyauchi, President and CEO

Head Office: 7 Horie, Matsuyama, Ehime, Japan

Establishment: May 1959

Capital: ¥9.544 billion (as of March 31, 2019)

Number of Employees: 5,690 (consolidated), 3,090 (non-consolidated) (as of March 2019)

Business Areas: Production, sale, and maintenance of boilers and related devices